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ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) announced the launch of Etlaq, a new platform for its professional training programme. Etlaq – Arabic for “launch” – is inspired by the bold ambitions and forward momentum that characterise the UAE. Originally launched as the Graduate Training Programme in November 2019, the rigorous 12-month programme seeks to attract high-performing, ...

Abu Dhabi / WAM Masdar has announced the arrival of Abu Dhabi high-tech sector drivers, the Advanced Technology Research Council (ATRC) and its two-pillar entities, Technology Innovation Institute (TII) and ASPIRE, to Masdar City in the capital of the UAE. The council, which shapes the R&D strategy in the emirate; TII, the dedicated ‘applied research’ pillar of ATRC; and Aspire, ...

Bloomberg The leaders of Australia and New Zealand have urged China to give outside observers “unfettered access” to Xinjiang, a move that is likely to draw criticism from Beijing. Australian Prime Minister Scott Morrison and New Zealand’s Jacinda Ardern “expressed grave concerns about the human rights situation” in China’s far western region and said the United Nations and others should ...

Bloomberg France is ready to start reducing financial support to businesses and workers hit by coronavirus restrictions as its vaccination program offers a route out of the crisis, Labour Minister Elisabeth Borne said. The government has spent more than 40 billion euros ($48.8 billion) in 2020 and 2021 to protect employment, benefiting 2.7 million people on furloughs last month, up ...

Bloomberg UK Chancellor of the Exchequer Rishi Sunak wants the US government to sign up to a global tax on technology companies such as Google and Facebook Inc, he said in an interview with the Mail. He urged President Joe Biden’s administration to discuss the new tax in time for Group of Seven meetings next month. The US has indicated ...

Bloomberg A full global deal to overhaul taxation rules and make multinationals pay more in countries where they operate may not be achieved until October, the chief of the Organisation for Economic Cooperation and Development (OECD) said on Monday. Speaking in Paris, Angel Gurria said a “180-degree change in the position of the US” has accelerated the talks, making an ...

Bloomberg Sweden’s economy returned to its pre-pandemic level in the first quarter as the recovery in the largest Nordic economy is outpacing most of its wealthy peers. The gross domestic product was unchanged in the first quarter from the year-earlier level, on a calendar-adjusted basis, according to the Stockholm-based statistics office. Swedbank’s analysts Pernilla Johansson and Maria Wallin Fredholm said ...

Bloomberg The US merchandise-trade deficit narrowed for first time this year as the value of exports surged to a record and imports fell from an all-time high. The deficit shrinks to $85.2 billion from $90.6 billion in March, according to Commerce Department data. The median estimate in Bloomberg survey of economists had called for a $92 billion shortfall last month. ...

ABU DHABI / WAM Under the patronage and in the presence of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s Court and Chairman of the Abu Dhabi Early Childhood Authority (ECA), the authority has launched the Parent-Friendly Label (PFL), a new initiative that aims at promoting a parent-friendly workplace culture in Abu Dhabi. ...

Abu Dhabi / WAM Statistics Centre – Abu Dhabi (Scad) and the Abu Dhabi Investment Office (ADIO) on Sunday signed a Service-Level Agreement (SLA) to cooperate on exchanging data, promoting statistical collaboration, and building foundations for joint action. The partnership is aimed at achieving integration and supporting Abu Dhabi Government’s pursuits to build a comprehensive and sustainable statistical system that ...